Financial Inclusion, Regulation, Financial Literacy, and Financial Education in Tajikistan | Asian Development Bank

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Financial Inclusion, Regulation, Financial Literacy, and Financial Education in Tajikistan

Publication | June 2018
Financial Inclusion, Regulation, Financial Literacy, and Financial Education in Tajikistan

Tajikistan has a long way to go to for its population to achieve sufficient understanding of different financial products.

We analyze financial inclusion, literacy, and education in Tajikistan. We discuss the progress in financial inclusion and the sector’s response to the major external shock associated with the sharp fall in Tajik labor migrants’ remittances. We analyze the policies dealing with different aspects of financial inclusion with a focus on the regulatory framework, penetration of new financial technologies, and the existing barriers to inclusion; and we give recommendations on how to improve financial inclusion and financial literacy in the country.

WORKING PAPER NO: 847